Aluminum fell to 2,884.05 USD/T on December 2, 2025, down 0.29% from the previous day. Over the past month, Aluminum's price has fallen 0.99%, but it is still 10.42% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Aluminum - values, historical data, forecasts and news - updated on December of 2025.

For the third consecutive year, the Canadian aluminum market recorded decline in sales value, which decreased by -13.2% to $853M in 2024. Over the period under review, consumption saw a perceptible decline. As a result, consumption attained the peak level of $3.5B. From 2020 to 2024, the growth of the market remained at a lower figure.

Aluminum Price in Canada - 2023. Find the latest marketing data on the IndexBox platform.

View monthly updates and historical trends for Aluminum Price. Source: World Bank. Track economic data with YCharts analytics.

Canadian aluminum manufacturers produce various aluminum products, ranging from alumina to finished aluminum sheets and foil. Aluminum is lightweight, ductile, corrosion-resistant, highly conductive and recyclable, making it useful in various applications. Investments in infrastructure, rising demand from transportation and construction and intensifying focus on low-carbon materials have driven the industry’s trajectory over the past five years. The automotive sector’s accelerated shift toward lightweighting and electric vehicles has altered procurement patterns, while robust government stimulus for domestic infrastructure renewal has supported downstream demand. Regulatory commitments to decarbonization, including Canada’s net-zero ambitions and emerging emissions guidelines, have begun to influence operational priorities and capital planning. Import competition, volatile energy costs and technological advancements in process automation have also contributed to fundamental shifts in cost structures and competitive dynamics across the supply chain. Over the past five years, industry revenue displayed significant compound growth, largely propelled by strong international aluminum prices and an increase in offtake from transportation equipment manufacturers and building product suppliers. Despite revenue expansion, profit has contracted, reflecting higher regulatory, legal and administrative costs as producers navigated new emissions mandates and adapted to shifting global trade conditions. Capacity rationalization and targeted investments in smelter modernization improved process efficiency, but ongoing tariff uncertainty, particularly regarding US trade relations, added volatility. Supply chain resilience measures, stabilizing procurement of alumina and selective M&A in downstream extrusion and recycling segments, partially offset input price pressures and helped maintain domestic market share against foreign imports. Industry revenue has been surging at a CAGR of 6.6% over the past five years and is expected to total $19.1 billion in 2025, when revenue will jump by an estimated 1.4%. Looking forward, the next five years will bring measured revenue growth as decarbonization and energy-efficiency standards revamp production priorities and market access conditions. Regulatory developments, including Canada’s Clean Fuel Regulations and evolving global carbon border adjustment mechanisms, are set to raise compliance costs and influence capital allocation for legacy asset upgrades or closure. Established manufacturers must accelerate digitalization, such as introducing IoT-based predictive maintenance and advanced filtration systems, to optimize output and reduce emissions. New entrants may find opportunity in high-purity aluminum production for batteries and renewable energy components, where technical collaboration and product differentiation confer defensive market positions. Industry revenue is expected to expand at a CAGR of 1.3% to $20.3 billion over the five years to 2030.

Aluminum price reduced to $3,111 per ton (FOB, Canada) in February 2023 compared to the previous month, a decrease of -31.6%

The statistic shows the gross domestic product (GDP) at basic prices for the Canadian alumina and aluminum production and processing industry between 2010 and 2016. In 2016, the GDP for the alumina and aluminum production and processing industry stood at around *** billion Canadian dollars.

Import Price Index: Customs: sa: MP: IM: Basic & Semi-Finished Products of Aluminum & Aluminum Alloys data was reported at 117.300 2017=100 in Feb 2025. This records an increase from the previous number of 116.700 2017=100 for Jan 2025. Import Price Index: Customs: sa: MP: IM: Basic & Semi-Finished Products of Aluminum & Aluminum Alloys data is updated monthly, averaging 111.700 2017=100 from Jan 2017 (Median) to Feb 2025, with 98 observations. The data reached an all-time high of 141.000 2017=100 in Apr 2022 and a record low of 92.000 2017=100 in Jun 2020. Import Price Index: Customs: sa: MP: IM: Basic & Semi-Finished Products of Aluminum & Aluminum Alloys data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I031: Import Price Index: 2017=100.

This table contains 215 series, with data for years 1956 - 2013 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Commodities (215 items: Primary metal products; Iron and steel products; Primary steel products; Ferrosilicon ...).

Canada Export Price Index: Customs: MP: IM: Basic & Semi-Finished Products of Aluminum & Aluminum Alloys data was reported at 151.600 2017=100 in Jan 2025. This records a decrease from the previous number of 153.000 2017=100 for Dec 2024. Canada Export Price Index: Customs: MP: IM: Basic & Semi-Finished Products of Aluminum & Aluminum Alloys data is updated monthly, averaging 112.700 2017=100 from Jan 2017 (Median) to Jan 2025, with 97 observations. The data reached an all-time high of 173.500 2017=100 in Apr 2022 and a record low of 86.500 2017=100 in Jun 2020. Canada Export Price Index: Customs: MP: IM: Basic & Semi-Finished Products of Aluminum & Aluminum Alloys data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I027: Export Price Index: 2017=100.

The apparent consumption of aluminum in the United States totaled *** million metric tons in 2024, an increase from the previous year, when the amount was **** million metric tons. U.S. aluminum consumption Transportation applications accounted for about ** percent of domestic consumption in 2024, with the remainder being mostly used for packaging, building, and electrical purposes. Composites can be substituted for aluminum in various applications. For example, glass, paper, plastics, and steel can be used instead of aluminum in packaging and composites, while steel, vinyl, and wood can replace aluminum in construction applications. The average spot price of aluminum ingots was **** U.S. dollars per pound in 2024. Proposed aluminum tariffs The President of the United States has announced to impose a ** percent tariff on steel and aluminum imports effective from March 2025. This policy impacts key trading partners, including Canada, Mexico, Japan, South Korea, and the European Union, who were exempt from the 2018 tariffs. The United States imported approximately *** million metric tons of aluminum for consumption in 2024.

9009 Global export shipment records of Aluminium Scrap with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

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Aluminum Market Size 2025-2029

The aluminum market size is valued to increase USD 37.87 billion, at a CAGR of 3.9% from 2024 to 2029. Increasing demand for aluminum in EVs will drive the aluminum market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 40% growth during the forecast period.
By End-user - Transportation segment was valued at USD 47.9 billion in 2023
By Type - Primary aluminum segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 29.49 million
Market Future Opportunities: USD 37871.00 million
CAGR from 2024 to 2029 : 3.9%

Market Summary

The market encompasses the production, manufacturing, and application of aluminum and its alloys. This dynamic market is driven by the increasing demand for lightweight materials in various industries, including automotive and aerospace, where aluminum's strength-to-weight ratio offers significant advantages. In the automotive sector, the rising adoption of electric vehicles (EVs) is fueling growth, with aluminum expected to account for over 40% of the total material usage in EVs by 2025. However, market fluctuations persist due to the volatility of London Metal Exchange (LME) prices for aluminum, presenting both opportunities and challenges for market participants. Despite these challenges, the market continues to evolve, with ongoing research and development in core technologies such as recycling and alloy production driving innovation and efficiency.

What will be the Size of the Aluminum Market during the forecast period?

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How is the Aluminum Market Segmented?

The aluminum industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Transportation
  Construction
  Packaging
  Electrical engineering
  Others


Type

  Primary aluminum
  Secondary aluminum


Technology

  Extrusion
  Casting
  Rolling
  Others


Geography

  North America

    US
    Canada


  Europe

    Germany
    Italy
    Poland
    Spain


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By End-user Insights

The transportation segment is estimated to witness significant growth during the forecast period.

The market encompasses various processes, including alumina refining, smelting, and powder metallurgy, to produce this versatile metal. Aluminum's extensive applications span industries such as aerospace, automotive, rail transportation, and marine, driven by its lightweight properties and excellent corrosion resistance. In the aerospace sector, aluminum's use is prevalent, accounting for approximately 76%-79% of an aircraft's body. Aluminum alloys, like 7075, are widely adopted, containing aluminum, zinc, magnesium, and copper. In the aerospace industry, aluminum's adoption is significant, with the segment projected to expand by 15% in the upcoming years. Simultaneously, the automotive sector anticipates a 12% increase in aluminum usage due to the metal's fuel efficiency and weight reduction benefits.

The rail transportation and marine industries also contribute to the market's growth, with an expected 9% and 8% rise, respectively. The market's evolution is marked by advancements in processes like die casting, elongation percentage testing, and surface treatment, ensuring enhanced mechanical properties. Furthermore, the electrolysis process plays a crucial role in cathode production, while precision casting and forging techniques enable the creation of intricate shapes. In the realm of aluminum alloys, the market offers a diverse range, each with unique properties catering to various applications. For instance, alloying elements like magnesium, zinc, and copper contribute to increased yield strength and improved fatigue strength.

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The Transportation segment was valued at USD 47.9 billion in 2019 and showed a gradual increase during the forecast period.

Microstructure analysis and conductivity measurement are essential in optimizing alloy compositions. The recycling processes, including secondary aluminum production and anodizing, contribute significantly to the market's sustainability and cost-effectiveness. As the market continues to unfold, rolling mills, anode baking, and grain size distribution analysis will remain crucial in maintaining high-quality aluminum products. In summary, the market is a dynamic and evolving industry, with a strong focus on innovation and sustainability. Its extensive applications across various sectors, such as aerospace, automotive, rail transportation, and marine, underscore its importance in today's economy. The market's cont

Industrial product price index (IPPI), by major product group by North American Product Classification System (NAPCS) 2017 Version 2.0. Monthly data are available from January 1956. The table presents data for the most recent reference period and the last four periods. The base period for the index is (202001=100).

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Aluminum Foil Market Size 2025-2029

The aluminum foil market size is forecast to increase by USD 9.71 billion, at a CAGR of 5.9% between 2024 and 2029.

The market is experiencing significant growth due to the increasing consumption of processed and packaged food products worldwide. This trend is driving the demand for lightweight and efficient packaging solutions, making aluminum foil an attractive option for manufacturers. However, market dynamics are influenced by the volatility of aluminum prices, which can impact the profitability of aluminum foil producers. Despite this challenge, the market's future looks promising as the demand for convenient and long-lasting food packaging continues to rise. Companies seeking to capitalize on this opportunity should focus on innovation and cost optimization to maintain competitiveness in the market.
The rise of e-commerce has also contributed to the market's expansion, as aluminum foil's high barrier properties and shelf life extension capabilities are essential for preserving product quality. Additionally, exploring alternative sources for aluminum and developing sustainable production methods could help mitigate the impact of price fluctuations. Overall, the market presents both opportunities and challenges, requiring strategic planning and agility from industry players.

What will be the Size of the Aluminum Foil Market during the forecast period?

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In the dynamic market, various applications continue to drive demand for innovative solutions. Foil sealing and barrier testing are crucial aspects, ensuring product freshness and preservation through foil's excellent light, aroma, grease, and moisture barriers. Foil decoration adds visual appeal, while foil extrusion and converting machinery facilitate mass production. Advancements in technology have led to the emergence of foil laminates, inspection systems, and digital printing techniques. Multilayer foil, with enhanced tensile strength, elongation, puncture resistance, and permeability, caters to diverse industries. Foil flexographic and gravure printing, embossing, and rolling processes further enhance the versatility of aluminum foil in packaging applications.
Ongoing research focuses on improving foil's tear resistance and oxygen barrier properties, ensuring optimal product protection and consumer satisfaction. Laminating equipment and inspection systems play a vital role in maintaining consistent foil quality, while testing methods ensure adherence to industry standards. The aluminum foil composite's versatility and durability continue to fuel its widespread adoption across industries.

How is this Aluminum Foil Industry segmented?

The aluminum foil industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Wrapper foils
  Container foils
  Blister packs
  Pouches
  Others


Application

  Food and beverage packaging
  Consumer packaging
  Pharmaceutical packaging
  Others


Type

  Up to 0.2 mm
  0.2 mm-0.4 mm
  Above 0.4 mm


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    Australia
    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Product Insights

The wrapper foils segment is estimated to witness significant growth during the forecast period. Aluminum foil, a versatile and lightweight material, holds a prominent position in various industries due to its unique properties. In the packaging sector, wrapper foils are a significant product segment, catering to food and beverage, pharmaceutical, and consumer goods industries. These foils offer superior barrier properties, shielding contents from moisture, light, and contaminants, thereby ensuring product freshness and safety. The demand for convenient and lightweight packaging solutions has increased, leading to increased adoption of wrapper foils. Their ability to extend product shelf life by preventing external element exposure is crucial, especially for perishable items and sensitive goods.

Moreover, aluminum foil's use extends beyond packaging. In building materials, it serves as a thermal barrier and insulation, contributing to energy efficiency and sustainability. In consumer goods, it is used for reflective insulation, heat insulation, and cleanroom packaging. Recycled aluminum foil is an eco-friendly alternative, reducing waste and promoting sustainability. Aluminum alloys are used in various applications, including aseptic packaging, heat sealing, and pharmaceutical packaging. Anti-static properties and vapor barrier capabilities are essential features in specific applications. Foil laminates, coatings, trays, and printing further enhance the versatility of aluminum foil. Overall, the

1256 Global import shipment records of Aluminium Profiles with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Canada Export Price Index: Customs: FM: Aluminum incl Alloys data was reported at 82.100 2002=100 in Aug 2012. This records a decrease from the previous number of 84.600 2002=100 for Jul 2012. Canada Export Price Index: Customs: FM: Aluminum incl Alloys data is updated monthly, averaging 99.950 2002=100 from Jan 2002 (Median) to Aug 2012, with 128 observations. The data reached an all-time high of 130.100 2002=100 in Jan 2007 and a record low of 77.500 2002=100 in May 2009. Canada Export Price Index: Customs: FM: Aluminum incl Alloys data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I029: Export Price Index: 2002=100.

The average aluminium tube import price stood at $6,162 per ton in February 2025, dropping by -66.7% against the previous month.

Analysis of the US aluminum market: consumption fell to 4M tons in 2024, with a forecasted CAGR of +1.2% in volume and +2.7% in value through 2035. The market is heavily import-dependent, primarily from Canada.

Statistics illustrates monthly prices of aluminium alloy plates, sheets and strip in Canada from January 2019 to October 2025.